European Investment Bank to finance R&D for low-carbon technologies

3:07 PM MST | December 3, 2012 | Sotirios Frantzanas

The European Investment Bank (EIB; Luxembourg) has agreed to lend £100 million ($160.3 million) to Johnson Matthey, to finance the company's specialist research into emission control, process, and low-carbon technologies. "This work is expected to make a significant contribution to reducing harmful emissions from transport and industry in the decades ahead," EIB says. Johnson Matthey's research, focused on light and heavy-duty vehicle emission control and on developing catalyst technologies that meet stricter emissions standards that will come...

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